Bank of New York Mellon Corp Has $640.53 Million Stock Position in Northrop Grumman Corporation $NOC

Bank of New York Mellon Corp boosted its holdings in shares of Northrop Grumman Corporation (NYSE:NOC) by 26.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,051,226 shares of the aerospace company’s stock after purchasing an additional 221,431 shares during the period. Bank of New York Mellon Corp owned about 0.74% of Northrop Grumman worth $640,534,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of NOC. Coign Capital Advisors LLC boosted its stake in Northrop Grumman by 1.3% in the second quarter. Coign Capital Advisors LLC now owns 1,294 shares of the aerospace company’s stock valued at $647,000 after buying an additional 17 shares in the last quarter. Howard Financial Services LTD. lifted its holdings in shares of Northrop Grumman by 1.5% in the third quarter. Howard Financial Services LTD. now owns 1,127 shares of the aerospace company’s stock worth $687,000 after acquiring an additional 17 shares during the last quarter. West Wealth Group LLC boosted its stake in shares of Northrop Grumman by 4.3% in the 3rd quarter. West Wealth Group LLC now owns 412 shares of the aerospace company’s stock valued at $251,000 after purchasing an additional 17 shares in the last quarter. King Luther Capital Management Corp grew its holdings in shares of Northrop Grumman by 1.5% during the 2nd quarter. King Luther Capital Management Corp now owns 1,243 shares of the aerospace company’s stock valued at $621,000 after purchasing an additional 18 shares during the last quarter. Finally, Dakota Community Bank & Trust NA increased its position in Northrop Grumman by 6.9% during the 3rd quarter. Dakota Community Bank & Trust NA now owns 278 shares of the aerospace company’s stock worth $169,000 after purchasing an additional 18 shares in the last quarter. Institutional investors own 83.40% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on NOC shares. Truist Financial restated a “hold” rating and issued a $623.00 target price (down previously from $688.00) on shares of Northrop Grumman in a research report on Friday, January 9th. Royal Bank Of Canada raised their price objective on Northrop Grumman from $715.00 to $750.00 and gave the company an “outperform” rating in a report on Wednesday. Morgan Stanley reaffirmed an “overweight” rating and issued a $765.00 target price on shares of Northrop Grumman in a report on Wednesday. Deutsche Bank Aktiengesellschaft set a $700.00 price target on Northrop Grumman and gave the company a “buy” rating in a research note on Wednesday, October 8th. Finally, UBS Group upped their price objective on Northrop Grumman from $777.00 to $778.00 and gave the company a “buy” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $685.11.

Insiders Place Their Bets

In other Northrop Grumman news, CEO Kathy J. Warden sold 7,000 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $600.00, for a total transaction of $4,200,000.00. Following the sale, the chief executive officer owned 194,602 shares of the company’s stock, valued at approximately $116,761,200. This represents a 3.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Welsh III sold 97 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $564.08, for a total value of $54,715.76. Following the sale, the director owned 4,281 shares of the company’s stock, valued at approximately $2,414,826.48. The trade was a 2.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 10,097 shares of company stock valued at $6,099,716 in the last three months. 0.23% of the stock is owned by insiders.

Northrop Grumman News Summary

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Q4 beat, margins and backlog reinforce demand — NOC reported Q4 EPS above estimates ($7.23 vs. ~$6.97), revenue up ~9.6% YoY and a record backlog (~$95.7B). Improved operating margins and strong free cash flow pressured by defense and aeronautics strength are being viewed as durable earnings drivers. Northrop Grumman posts higher quarterly profit as geopolitical uncertainty fuels demand
• Positive Sentiment: Technical breakout and institutional inflows — MarketBeat highlights a breakout from a consolidation range and a confirmed buy signal after the earnings release, which attracted renewed buying and helped validate upside momentum. That technical confirmation is supporting the rally. Northrop Grumman Flashed a Buy Signal—And the Market Backed It Up
• Positive Sentiment: Analyst upgrades and higher targets — Multiple shops (Citigroup, BTIG, BofA among others) raised price targets and reiterated Buy ratings after the report, giving the stock further support from the sell‑side. Analyst price-target/upgrade coverage summary
• Neutral Sentiment: Cautious FY‑2026 guidance — Management set FY‑2026 EPS guidance of $27.40–$27.90 and revenue guidance slightly below Street consensus, which investors interpret as conservative given the backlog; the guidance tempers but does not erase the positive Q4 print. Northrop Grumman Posts Q4 Beat, 2026 Outlook Disappoints
• Neutral Sentiment: Strategic contracts and partnerships provide runway — Company commentary and coverage note continued contract wins and international partnerships across aeronautics and space that support medium‑term revenue visibility, but these are longer‑dated catalysts. Northrop Grumman Builds Momentum With Strategic Contracts and Global Defense Partnerships
• Negative Sentiment: Buyback pause to accelerate B‑21 production — Management signaled a pause/shift in buybacks to prioritize accelerating B‑21 production, which reduces near‑term capital return and may concern income/return-focused holders. Northrop Grumman Expects Agreement Soon To Accelerate B-21 Production; Pausing Buybacks
• Negative Sentiment: Insider selling noted — Recent filings show insider sales (including at senior levels), which can be interpreted as a minor near‑term headwind for sentiment even if not indicative of company fundamentals. QuiverQuant earnings/insider activity summary

Northrop Grumman Trading Up 1.5%

NYSE NOC opened at $689.05 on Thursday. The firm has a market capitalization of $98.34 billion, a PE ratio of 24.79, a price-to-earnings-growth ratio of 5.73 and a beta of 0.05. The business’s 50-day moving average price is $594.57 and its two-hundred day moving average price is $586.47. The company has a current ratio of 1.10, a quick ratio of 0.98 and a debt-to-equity ratio of 0.91. Northrop Grumman Corporation has a 12 month low of $426.24 and a 12 month high of $690.74.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, January 27th. The aerospace company reported $7.23 EPS for the quarter, beating the consensus estimate of $6.97 by $0.26. The business had revenue of $11.71 billion for the quarter, compared to analysts’ expectations of $11.61 billion. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The firm’s revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the business posted $6.39 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, analysts expect that Northrop Grumman Corporation will post 28.05 EPS for the current year.

Northrop Grumman Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Monday, December 1st were paid a dividend of $2.31 per share. This represents a $9.24 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, December 1st. Northrop Grumman’s dividend payout ratio (DPR) is currently 33.24%.

Northrop Grumman Company Profile

Northrop Grumman Corporation (NYSE: NOC) is a leading U.S.-based aerospace and defense company that designs, builds and sustains advanced systems, products and technologies for government and commercial customers. Formed through the combination of Northrop and Grumman businesses in the 1990s, the company’s portfolio spans manned and unmanned aircraft, space systems, missile defense, radar and sensor systems, and integrated command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions.

The company’s work includes airframe and platform manufacturing, space hardware and satellite systems, advanced mission systems and cybersecurity services, as well as logistics, sustainment and modernization programs.